Arthur Hayes, former BitMEX CEO and Maelstrom CIO, says the worldwide AI arms race has triggered a historic surge in fiat credit score. He argues Bitcoin is the principle beneficiary. In his newest e-newsletter, Hayes argues that nation-states deal with AI spending as a survival contest. Central banks and industrial lenders, he says, at the…
Crypto lawyer Gabriel Shapiro warned that Anthropic’s May 11 inventory crackdown might set off main litigation, with the AI firm declaring void all secondary share trades on Forge, Hiive, and related platforms. His warning landed the identical day Anthropic switched on Claude Platform inside Amazon Web Services (AWS), opening direct enterprise entry to its first-party…
Nvidia (NVDA) shares superior on Monday even after a “supply acquainted” report indicated chief government Jensen Huang is not going to journey to Beijing with President Donald Trump for this week’s summit with Chinese chief Xi Jinping. Earlier Reuters reporting named Nvidia amongst roughly a dozen firms invited to a trimmed CEO delegation. Trump arrives…
Sam Altman mentioned launching a batch of Codex coding jobs left him optimistic about autonomous brokers. He returned at his youngster’s naptime to search out each activity already completed. Just someday after describing OpenAI’s mannequin as an “autistic genius,” Sam Altman joked that the subsequent AI launch ought to be named “Goblin.” Codex Handles Tasks…
Economist Steve Hanke says his bubble detector exhibits the US inventory market in clear bubble territory, even as Big Tech powers one of many quickest fairness rallies on document. His warning lands as 5 mega-cap tech shares pull the S&P 500 to recent highs. Traders are additionally piling into name choices at a tempo by…
Artemis CEO Jon Ma launched an open-source Coinbase (COIN) monetary mannequin on Thursday. The bull case initiatives a $300 billion market cap for the trade by 2031. The thesis frames Coinbase as the central winner of AI-native finance. It assumes stablecoin scale, agentic commerce income, and a shift towards subscription providers by 2031. Stablecoin and…
Meta wiped hundreds of thousands of faux followers from the accounts of celebrities like Cristiano Ronaldo, BLACKPINK, and Taylor Swift this week as its AI moderation programs scaled up throughout Facebook and Instagram. The cleanup is an element of a wider Meta push that launched AI instruments geared toward impersonation, rip-off adverts, and coordinated inauthentic…
SpaceX granted Anthropic full entry to its Memphis-based Colossus 1 supercluster on Wednesday. The compute pact lands roughly 5 weeks earlier than the rocket firm’s deliberate $1.75 trillion public market debut. The association provides Anthropic over 300 megawatts of capability and greater than 220,000 NVIDIA GPUs deployable inside the month. Meanwhile, the availability arms SpaceX…
Won-denominated trades have accounted for 30% of all spot cryptocurrency quantity globally thus far in 2026, placing Korea second solely to the US greenback market, in line with analysis agency Kaiko. The nation’s 52 million individuals now produce round $26 billion in weekly crypto turnover. The surge runs alongside a parallel growth in Korean equities,…
Coinbase plans to chop about 14% of its employees in a restructuring introduced Tuesday by chief government Brian Armstrong. The transfer will flatten the trade and rebuild operations round synthetic intelligence. The lower will collapse the corporate hierarchy to a most of 5 layers under the CEO and chief working officer. Senior leaders are anticipated…